D.R. Horton, Inc. $DHI Stock Holdings Raised by Phoenix Financial Ltd.

Phoenix Financial Ltd. lifted its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 11.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 38,366 shares of the construction company’s stock after buying an additional 3,973 shares during the quarter. Phoenix Financial Ltd.’s holdings in D.R. Horton were worth $6,503,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DHI. SteelPeak Wealth LLC raised its holdings in shares of D.R. Horton by 65.9% during the second quarter. SteelPeak Wealth LLC now owns 10,051 shares of the construction company’s stock valued at $1,296,000 after buying an additional 3,993 shares during the last quarter. Berkshire Hathaway Inc acquired a new stake in D.R. Horton in the 2nd quarter valued at approximately $191,491,000. Trinity Street Asset Management LLP acquired a new stake in D.R. Horton in the 3rd quarter valued at approximately $25,140,000. Nordea Investment Management AB raised its stake in D.R. Horton by 17.0% during the 3rd quarter. Nordea Investment Management AB now owns 875,743 shares of the construction company’s stock valued at $146,538,000 after acquiring an additional 127,553 shares in the last quarter. Finally, RoundAngle Advisors LLC acquired a new position in D.R. Horton during the 3rd quarter worth $1,703,000. 90.63% of the stock is owned by institutional investors.

D.R. Horton Trading Down 0.3%

Shares of NYSE:DHI opened at $150.00 on Tuesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.98 and a current ratio of 6.63. The stock has a market capitalization of $43.46 billion, a price-to-earnings ratio of 13.62, a PEG ratio of 2.20 and a beta of 1.42. D.R. Horton, Inc. has a 1-year low of $110.44 and a 1-year high of $184.54. The company has a 50 day moving average price of $151.43 and a 200 day moving average price of $155.50.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data on Tuesday, January 20th. The construction company reported $2.03 EPS for the quarter, beating analysts’ consensus estimates of $1.98 by $0.05. The company had revenue of $6.89 billion during the quarter, compared to the consensus estimate of $6.66 billion. D.R. Horton had a return on equity of 13.51% and a net margin of 9.95%.The company’s quarterly revenue was down 9.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.61 EPS. On average, research analysts anticipate that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 12th. Stockholders of record on Thursday, February 5th will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, February 5th. D.R. Horton’s dividend payout ratio is currently 16.35%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of D.R. Horton in a research note on Monday, December 29th. Wells Fargo & Company set a $158.00 price target on shares of D.R. Horton in a research report on Wednesday, January 21st. Barclays decreased their price objective on shares of D.R. Horton from $132.00 to $129.00 and set an “equal weight” rating for the company in a report on Wednesday, January 21st. UBS Group reissued a “buy” rating and set a $193.00 target price on shares of D.R. Horton in a report on Tuesday, January 20th. Finally, BTIG Research set a $182.00 price target on D.R. Horton in a research note on Wednesday, January 21st. Five investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $162.64.

D.R. Horton Profile

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.